Page 2767 - Economy & Policy News

LTCG tax to apply on shares sold after Apr 1, evaluation on Jan 31 price

Finance Minister Arun Jaitley in his Budget for 2018-19 announced levying long-term capital gains tax on profits made from share sales

India 'might' achieve 3% fiscal deficit target by 2019-20: Finmin official

Fiscal Deficit at 3.3 per cent for 2018-19, backed with statutory commitment to bring it down to 3 per cent by 20-21

Increasing digital adoption to impact 65% jobs in next 4 years: E&Y

Organisations will be reassessing their resource requirements as new roles emerge

CBDT says no inflation adjustment available for LTCG tax: Things to know

The Finance Bill, 2018, has proposed to provide for a new long-term capital gains tax regime for equity shares, unit of an equity-oriented fund, and unit of a business trust

Sensex slips over 1,000 points in 2 sessions: What investors should do now

Sensex / Nifty could at best rise 5% to 10% in the whole of 2018

Budget announcements on the farm sector: Markets, not MSP, is the focus

Analysts and observers are debating on how the cost of cultivation will be calculated

Budget 2018 impact: Navy, Air Force also feel pinch of personnel costs

Given the importance of equipment modernisation, the overall defence budget should rise at least at the same pace as salaries and pensions, so that equipment modernisation is not hit

Extend-and-Pretend model can't work forever: former banker Satyajit Das

In politics, extend and pretend has become standard procedure. Underinvestment in health, education and training saves money today but creates future costs and problems that may exceed any current ben

Statsguru: Government deviates from fiscal road map

Allocations to the ministry of drinking water and sanitation have declined by 7% in FY19

Budget 2018 impact: Rural, consumer, infrastructure sectors big gainers

Companies in the affordable housing, automobiles, healthcare and FMCG space are seen as key beneficiaries

Mega healthcare scheme 'game changer': NITI Aayog vice-chairman Rajiv Kumar

On funding of the scheme envisaging to cover about 500 million people, the Niti Aayog vice-chairman said the allocation for the health sector has been raised by Rs 60 billion

Global price disparity to cut India's soymeal exports by half in 2018

Soybean prices have jumped by 33 per cent after hitting a recent low of Rs 2,850 a tonne in December 2017

Indian Railways charge less than half of cost from passengers

Govt's refusal to make up for loss via subsidy hurting transporters

LTCG tax kitty from stocks to double to Rs 400 bn in FY20: Hasmukh Adhia

In the Union Budget 2018-19, Finance Minister Arun Jaitley has imposed a 10 per cent tax on LTCG made in the share market to curb tax evasion

Cash-strapped government has cut back on budgetary support to PSUs

Through internal resources, PSUsare expected to finance capital spending of Rs 4.78 trn in 2018-19, marginally higher than Rs 4.76 trn in 2017-18

India may use BEPS route to tax digital entities like Google, Facebook

In the 2018-19 Budget, India has taken a global lead to tax digital entities with large user base or business in a country by proposing to suitably amend the Income Tax Act

Nabh Nirman project: Rs 2-trn bill to manage the rush in Indian skies

Getting ready for 100 airports & 1 bn air trips a year by 2027

Chhattisgarh CM Raman Singh to present the state budget on February 10

The state is to go to polls in November

Credit offtake continues to clock double-digit growth, shows RBI research

Rating agency Icra, in a note, had said it expected banks to hike deposit rates in the near term, as incremental credit has outpaced deposits over the last quarter

Govt expects up to Rs 40-bn surplus fund from Sebi: DEA Secretary

The government has already sought dividend of about Rs 130 billion from the Reserve Bank of India for 2016-17.